According to Deep Tide TechFlow, on November 22, Bitwise CEO Hunter Horsley stated in an interview that Solana is 'an incredible emerging asset and story' and is expected to become the 'next big opportunity' that Bitcoin ETF investors are looking for. The company has registered a SOL ETF statutory trust in Delaware, becoming the fourth institution to apply for a spot SOL ETF, following VanEck, 21Shares, and Canary Capital.
Horsley stated that the U.S. presidential election is 'absolutely' an important consideration for the company in applying for the SOL ETF at this time. After a year of in-depth consideration, it is now a 'constructive period' to communicate with regulators. According to FOX Business, the SEC has begun to actively engage with spot SOL ETF applicants, which contrasts sharply with its attitude when it rejected the Cboe Exchange's 19b-4 application in August of this year.
